relieved of of its obligation to pay Rent during the Lease relating to such Aircraft other
than under and in accordance with the terms of the relevant Lease; |
|  |
| 2.11 |  | it has not assigned or transferred any of its rights or obligations under the Lease
Documents relating to such Aircraft except pursuant to the relevant Lease Novation; |
|  |
| 2.12 |  | it is not aware that any Event of Default has occurred and is continuing under the
relevant Lease Documents; |
|  |
| 2.13 |  | such Seller has not consented to any assignment by the relevant Lessee of its rights
under the relevant Lease or to any sublease of such Aircraft except as disclosed to such
Purchaser or, so far as such Seller is aware, to any transfer of possession of such Aircraft
except as permitted by the terms of the relevant Lease; |
|  |
| 2.14 |  | in the case of each relevant Seller, there is no actual litigation or arbitration,
dispute resolution or proceedings before any court or arbitrator involving that Seller which
by itself or together with any other such proceedings or claim, if determined adversely to it, could be reasonably expected to have a material adverse effect on the Lessor’s or Lessee’s
ability to perform its obligations under the relevant Lease Documents or on such Seller’s
ability to perform its obligations under the other Transaction Documents; |
|  |
| 2.15 |  | to such Seller’s knowledge, no claim has been made by any relevant Seller for any
Tax indemnification by the relevant Seller or the relevant Lessor against the relevant Lessee
under the Lease Document; and |
|  |
| 2.16 |  | the amount of each of the Deposit and Supplemental Rent Balances (as of September 30